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CNN
Dec 3, 2012 11:00pm PST
the president's proposal last week to avoid the fiscal cliff, john boehner today put out his own terms for a deal. which he says adds up to $2.2 trillion in savings. boehner's deal includes $800 billion in savings from tax reform from closing special interest loopholes and deductions. $600 billion in so-called health savings, which includes changes to medicare. 300 billion other mandatory savings. 300 billion in further discretionary savings. the white house swiftly shot it down. until the republicans in congress are willing to get serious about asking the wealthiest to pay slightly higher tax rates, we won't be able to achieve a significant balanced approach. >> a man who's been called one of the keys to reaching a real deal. we appreciate it. >> thank you. >> let's begin with this letter that comes -- is addressed to the president and comes from the majority leader, boehner. in this letter, he sort of lays out part of his plan. what do you think of his plan as we've laid out so far, and in the specifics this letter. >> i think the first thing i've heard you say, the white house is re
CNN
Dec 3, 2012 4:00pm PST
. >>> next, 29 days and counting for the fiscal cliff. john boehner offers up his own plan today. and the white house has already offered up their response. then later, a photo in the trayvon martin case has been released in color. we'll show it to you and a new heir to the british throne is on its way. it's a baby bonanza. that's ahead. employees are being forced to do more with less. and the need for capable leaders is greater than ever. when you see these problems do you take a step back, or do you want to dive right in? with a degree in business from capella university, you'll have the knowledge to go further in your career than you ever thought possible. let's get started at capella.edu plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's heah concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. [ gordon ] for some this line is a convenience. how you doing today? i'm good thanks. how are you? i'm good. [ gordon ] but for others, it's all they can afford. every day nearly nine million older
CNN
Dec 5, 2012 6:00am PST
hikes during fiscal cliff negotiations. congressman boehner is starting a news conference that is scheduled to start any hour now. >>> also, we could hear president obama's response to speaker boehner's offer. he is is publicly pushing his plan to raise taxes on the wealthiest of americans. we'll bring that to you 50 minutes from now. >>> lawmakers are listening to responses of superstorm sandy. they are going to demand more funds for the cleanup. this is the third of four hearings scheduled. >>> and in houston, a history making mission to the international space station. scott kelly, the american astronaut, will speak about his next launch. if all goes as planned, it will set the longest record for a space mission for an american. we'll see what he's saying. "newsroom" starts right now. >>> good morning. thank you so much for being with us. i'm carol costello. this should be interesting. speaker john boehner is meeting with house republicans who are angry at his new pitch to raise 8$800 million in fiscal cliff negotiations. we're expecting a news conference any minute now
CNN
Dec 4, 2012 4:00pm PST
not offer a counterproposal to the fiscal cliff deal the president presented. boehner offered a proposal yesterday. i asked cole if he's frustrated with john boehner. >> no, not in the least. look, i support the speaker. and we're actually not very far apart on anything. and, you know, at the end of the day, he's going to negotiate a deal. it will probably be a challenging vote for a lot of people. i always support him. i would expect i will again and try and persuade others. just to be clear, i'm not for raising taxes on anybody. i think it's a mistake. i think all republicans believe that. however, you have to recognize the reality that at the end of the month, tax rates for every american that pays income tax are going to go up. so there is an area that we do agree with the president on. that is 98% of the american people, getting about 80% of this tax cut shouldn't have their taxes raised. so my suggestion -- it was delivered, by the way, in private and leaked and put in public. but that's fine. i mean, it's certainly what i said. my suggestion was let's take the one area that we agr
CNN
Dec 6, 2012 1:00pm PST
in order to avoid going over the fiscal cliff? john boehner's already $800 billion in increased tax revenue, not necessarily raising the marginal tax rate on the wealthy, but capping deductions, limiting loopholes, are you with the speaker of the house on that? >> unfortunately, wolf, the policies of president obama have already taken us over the cliff. if you meet with businesses like i do all the time, they've already paired back plans for next year anticipating what's going to happen. we can fix this christmas eve if we want, but we've already hurt the economy and job growth. >> are you with boehner? >> i'm not with boehner. this government doesn't need anymore money. this country needs less government. we're going to have historic levels of revenue to the government this year. >> everyone's taxes are going up at the end of the year if there's no deal. >> we have already offered to extend current tax rates. that's what we should have done six months ago until we could come to some agreement, some compromise on tax reform. >> when you say compromise, where are you ready to compromise as f
CNN
Dec 2, 2012 1:00am PST
and boehner from the first and only face-to-face meeting on fiscal cliff talks since the election. start with boehner, raising his eyebrow, what does that tell you? >> he's got a critical eye. he's going, i'm watching you. and so his eyes go off to the side with that little critical eye. you see it lifting up on that left-hand corner. >> okay. let's switch gears here. there's a photo of mitt romney. this is the one i really wanted you to look at. mitt romney having lunch at the white house this week. bitter rivals now trying to make nice, at least for a photo op. what does this photo tell you -- how is president obama treating the man he just beat? >> well, let me share something with you. this was a painful picture to look at because you can see he's actually having an emotional reaction -- >> do we have the picture -- there it is. let's put the picture up. i'm sorry, susan, go ahead. >> his chin wrinkles up -- this is not the clip. we were talking about the boehner one we just had. >> i'm talking about mitt romney and president obama meeting. >> okay. this one right here, i call this,
CNN
Dec 6, 2012 4:00am PST
obama and speaker boehner talked about the fiscal cliff. it was by phone. both sides agreed that they would not talk about the details. what we do know is that it has not led yet to any major breakthroughs. we want to get to congressman steve latourette, republican from the state of ohio. he is leaving congress, decided not to run for re-election, citing gridlock as a big reason why. we appreciate your time with us this morning. >> thank you. >> can we start with syria first before we get to the fiscal cliff? we know that there's this red line that hillary clinton has talked about. but nbc news has reported that syria is loading chemical weapon components on to bombs, which could -- makes us think, well, what's the next step? to what degree does this mean military action for the united states? >> couple of things, the nbc report is unconfirmed. the other piece of news is that the secretary is expected to meet with the russian foreign minister in dublin, i believe, and talk specifically about getting the okay to put in place economic sanctions that would cripple the syrian go
CNN
Dec 4, 2012 1:00pm PST
of speaker boehner's proposal to avert the fiscal cliff? >> unfortunately, the speaker's proposal right now is still out of balance. he talks about $800 billion worth of revenues but says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> reporter: he won't agree to eliminate a tax deduction for contributions to charity. >> every hospital and university and nonfor profit agency across the country would find themselves on the verge of collapse. so that's not a realistic option. >> reporter: but the president didn't say all this to speaker boehner. he said it in an interview on bloomberg tv. the last time the two men spoke was almost a week ago. president obama is focused on the stalemate with congress over averting the fiscal cliff, but he's just not talking to house republicans about it. at the white house, he discussed the issue with a bipartisan group of governors. >> i know that the president wants a deal and he didn't try to handicap it. >> reporter: earlier this week, he told so-called middle class americans on twitter, keep pressure on congress. he
CNN
Nov 30, 2012 6:00am PST
as democrats and republicans dig in and ramp up the rhetoric on the fiscal cliff. house speaker john boehner and senate majority leader harry reid trading jabs before the cameras on capitol hill. >> going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> speaker boehner made very clear at his press conference that he thinks the ball is in your court and the president's court. he says democrats have got to get series about spending cuts. where is the disconnect? >> i don't understand his brain so you should ask him. okay? >> reid making those comments to our own kate bolduan. i'm joined by dan lothian. dan, we're learning more about the white house plan to deal with the fiscal cliff. break it down for us. >> reporter: right. this is the plan that secretary -- treasury secretary timothy geithner took up to capitol hill yesterday. it calls for $1.6 trillion in tax increases over a ten-year period more than republicans had anticipated. in addition to that, $400 billion in spending cuts that will
CNN
Nov 30, 2012 4:00am PST
boehner about the fiscal cliff negotiations. i think he said you guys got to get serious. pretty serious about his criticism of the white house. bonuses for executives shutting down hostess. that's right. a u.s. bankruptcy judge approved $1.75 million in incentive bonuses yesterday for 19 hostess bosses, as they unwind the company. the maker of beloved american staples like twinkies, wonder bread, ding dongs, ho-hoes, closed its doors earlier this month after its bakers union went on strike over reduced pay and benefits, and you'll recall the company went to a judge and said we're going to shut down. so they are. executives will get bonuses as they finish the job of closing down the company. >> a long time in the making, right? >> it could be they survived the great depression but couldn't survive the great recession and a couple attempts at bankruptcy, and that's it. so we'll see. maybe the brands will exist if another company hires them. >> ahead on "starting point" not a good sign when your big negotiator for the fiscal cliff literally gets laughed at. what's the next move for the oba
CNN
Nov 30, 2012 1:00pm PST
the looming fiscal cliff. but not to each other. the president was making his case on the road while boehner was dismissing the white house proposal as a joke. cnn senior congressional correspondent dana bash joins us live from the capital. dana, what's the latest? >> reporter: well, joe, it turns out he laughed at geithner when he proposed the white house package which includes $1.6 trillion in tax increases. instead, today mcconnell floated to "the wall street journal" the idea of revenues by medicare and eligibility age, but democrats are very dug in. they say anything that doesn't include tax increases on the wealthy is a nonstarter. a day after getting a white house proposal the republicans greeted as a joke, they're not laughing. >> now, the white house took three weeks to respond with any kind of a proposal and much to my disappointment it wasn't a serious one. >> reporter: house speaker john boehner rushed to the cameras to respond to the president's campaign-style event at a suburban philadelphia toy factory where mr. obama tried to rally support for maintaining the bush-era tax rat
CNN
Dec 6, 2012 8:00am PST
, the president and speaker boehner had a telephone conversation yesterday presumably about the fiscal cliff. we didn't hear a lot of production from it but we do hope to learn more about what was said if there are going to be further negotiations and whether they had a cocktail together. the white house press secretary jay carney is preparing to take that lectern in just moments. the seats will be full of the press corp. we'll bring it live when it gets we'll bring it live when it gets under way. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed back
CNN
Nov 29, 2012 6:00pm PST
, the president offered a tough fiscal cliff proposal to congress, one that aides to john boehner say -- wait for it -- he's already rejected. of course he has. joining me to talk about all things politics, "new york times" columnist frank bruni and ross doufit. how many seconds was it, do you think, gentlemen, let me start with you, frank, before john boehner rejected out of hand president obama's attempt to try and do a fiscal cliff deal? >> with $1.6 trillion in new taxes, i think probably half a second. >> when you see the apparent attempt at a bipartisan lunch going on today between obama and romney, it was all very sweet and everything, the reality is the picture was about as uncomfortable as the relationship is between the two sides, and again, frank, how do we get to a better place in washington? how do we get these guys to realize, let me throw this at you. i interviewed mike tyson an hour ago. fantastic interview in many ways. what i found really fascinating and relevant to this, he talks about when he goes back to the streets he grew up in in new york, what real people care about.
CNN
Nov 28, 2012 4:00pm PST
both hint that a deal to avoid the fiscal cliff is on the way. possibly in time for santa. i asked republican john cornyn whether he thinks that is a reality. >>> and governor romney sits down with the president since the election, actually since the debates. does this do either of them any good? rick santorum is out front. and julian assange is out front to answer critics and our questions tonight. let's go "out front." >>> good evening, everyone. i'm erin burnett, outfront tonight, an early christmas miracle. or at least the glimmer of one today. barack obama bringing glad ti tidings of great joy to avoid the fiscal cliff. >> i will go anywhere and do anything it takes to get this done. it's too important for washington to screw this up. >> and john boehner, not to be outdone, put a little early present under the tree too. >> i'm optimistic that we can continue to work together to avert this crisis and sooner rather than later. >> these are pretty glum faces to deliver those presents. no smile from either one of them. but investors didn't care, they're excited about the present,
CNN
Dec 6, 2012 2:00am PST
stories. >>> president obama and house speaker john boehner chatting by phone about the fiscal cliff. no details or word of progress or future talks with just 26 days remaining to get a deal done. another prominent republican is breaking ranks. tom coburn, a leading conservative and fiscal hawk saying he'd prefer raising taxes on the wealthy as a way to raise revenues. >>> a bitter turf war between twitter and instagram elle cl escalating. no one on twitter will be able to see the images posted on instagram. instagram's goal is getting people to post more photos on their site. >>> a man cannot have any more children until he shows proof that he can actually afford those children. 44-year-old corey curtis is charged with failure to support two of the nine children that he's fathered with six women. he owes $85,000 and says he is ready to abide by the judge's order. >> good idea. >> all right. the grammy nominations announced in style with a star-studded concert, jay z and kanye west were among the six artists tied for the most nominations, six apiece. the grammy awards ceremony, music
CNN
Nov 29, 2012 2:00am PST
speaker, john boehner, both expressing optimism on those fiscal cliff negotiations in washington. the dow rallied 100 points yesterday off of those comments. how many times have you heard me say congress will mess it up. >>> goldman sachs ceo met with the president and others yesterday for those fiscal cliff talks. listen to what he told wolf blitzer when asked if taxes should be raised on those making more than $250,000 a year. if that's what it takes to make the math work when you look at entitlement side and revenue side, i wouldn't preclude that. of course we would have to do that if the numbers drive that way. >> he said america can't afford itself right now the way we're going. fiscal cliff talks today continue with geithner making the rounds on capitol hill. later this morning, third quarter gdp expected to be revised higher. economists expect gdp for july to september to be revised from 2% to 2.8%. that would be good news. this is still modest growth. everyone hopes that next year will be a better year than this one in terms of growth. you want to see more than 2.5% growth consist
CNN
Dec 5, 2012 1:00pm PST
respondespo -- >> today, president obama and john boehner spoke by phone about the fiscal cliff negotiations, but there is no progress. they still have a stand off over the rates. the president still wants to raise rates on the top 2% of americans. the speaker is not moving on that position. this comes on the same day that secretary geithner made it clear in language they have not used before, just how far they're willing to go in the administration to stand by those terms. >> is the administration prepared today go over the fiscal cliff? >> absolutely. there is no agreement without those rates going up on the top 2%. and they all get a tax cut on the first $250,000 of their income. >> reporter: so wolf, it's a step forward that they're talking, but in essence, where we stand right now, it's still a stalemate. >> any indication that the vice president, secretary of treasury, others are talking with top people on capitol hill? meeting face to face and going through these items line by line? >> reporter: my understanding is that the white house is not going to start negotiating the details unt
CNN
Nov 29, 2012 4:00am PST
comments made by president obama and house speaker john boehner, both expressing optimism on fiscal cliff negotiations in the washington. in a new report from the congressional budget office it says more than half a trillion has been spent on jobless benefits over the past five years. $520 billion in jobless benefits in five years. also part of the debate, whether to extend the deadline to file for additional unemployment benefits beyond the end of the year. spending on food stamps is rising. nearly 15 million households received food stampses in 2011, up 10% from the year before according to new data from the census bureau. it shows you the far reach of the government right now in the safety net in supporting american families. all of that at the core of the debate of what's happening with the fiscal cliff. >>> $7 coffee. starbucks thinks you will pay. coffee connoisseurs can pay $7 for a grande cup of costa rica fincapalamara. it's called mucho deneiro. cultivated from a central american bean known as geisha. it is extremely difficult to produce. the same america who spends $7 on lotter
CNN
Dec 5, 2012 2:00am PST
with the fiscal cliff. this deal will only get done by president obama and john boehner making a deal. they came close in the summer of 2011. the parties are so polarized and partisans polarized this is a problem. >> i keep saying we need a presidential historian or hostage negotiator. somebody could say we've been at stalemates before, gotten over it, shut down the government in '96. tip o'neill and ronald reagan managed to solve problems and get along. listen to what john mccain said about what we need here. >> it's time now to sit across the table from one another, rather than -- in the way they did with ronald reagan and the way you get things done in washington. >> the way they did with ronald reagan and get things done in washington. you sit together and figure it out. they were at a holiday party they didn't talk to each other. they're issuing sort of statements and rebuttals and saying i'm not going to budge. >> negotiation by press release. this is not how things get done in washington and part of the problem of the growing incivility in washington. people don't work together the way th
CNN
Nov 30, 2012 9:00am PST
boehner is going to respond to president obama's latest comments over the stalemate on the fiscal cliff. we're iffing to bring it to you live as soon as he speaks. we'll take a quick break. what s with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. offering some of our best values of the year. social security are just numbers thinkin a budget.d... well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because
CNN
Dec 4, 2012 11:00am PST
to avoid the fiscal cliff. but republican house speaker john boehner dismisses it as, and i'm quoting, la la land. the republicans offered their proposal, that happened about 24 hours ago. the white house quickly labels it as nothing new. business as usual, right? so how do we move beyond this stalemate in washington? we heard from the president, just a short time ago. our chief white house correspondent jessica yellin joins me now, jessica, the president spoke out, sat down in an interview with bloomberg tv, and in listening to the interview, did you hear any clues toward a possible compromise here? >> reporter: not new clues, brooke. the president laid down the marker that we heard from the white house consistently, which is they aren't moving until they hear the republicans agree to raise tax rates on the wealthiest. listen to what the president had to say. >> i think that, you know, we have the potential of getting a deal done, but it is going to require what i talked about during the campaign, which is a balanced responsible approach to deficit reduction that can help give businesses
CNN
Dec 6, 2012 12:00am PST
that is president obama and the democrats to save you for being higher taxes. this fiscal cliff thing, the problem with the republicans, larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america believe that the reason that president obama is going to win the debate is because, come the fiscal cliff moment, that if he goes over, that they are going to save the backsides of the wealthy 2% of americans. i probably shouldn't but i do. >> speaking as a reagan conservative, i must say i rather agree with you. probably shouldn't. but i do. i think divided government is very difficult. and there's some principles that speaker boehner is fighting for, with which i actually agree. but i think politically, the risk here for the gop, is they've become the party of rich people. and they give up the middle-class to the democrats. and i think you saw some of that in the presidential election. i don't think that's their intent. i think their tax reform intent is quite sound. but the way this is playing out, i think that's a big risk for t
CNN
Nov 29, 2012 1:00pm PST
the so-called fiscal cliff. that steep across the board spending cut and tax increase scheduled to hit in just 33 days. in a scathing assessment today, the speaker of the house john boehner says there's been no substantive progress on a deal. need to realize there can be no deal without tax rates going up for top earners. let's go live to our chief white house correspondent jessica yellin. she's got more on the latest developments. tough talk from both sides, jessica. >> reporter: tough talk and some bright lines, wolf. on the same day that treasury secretary tim geithner went to capitol hill to meet with both democrats and republicans to talk about these negotiations, there is tense body language and tough words on both sides of pennsylvania avenue. they're starting to sound dug-in on capitol hill. >> all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. >> reporter: at the white house. >> this is available not just here but to everyone in the world who has an internet connection. and i know things are done the old fashioned way sometimes on cap
CNN
Dec 6, 2012 6:00am PST
will push back on president obama's demand for tax hikes on the rich when it comes to the fiscal cliff. but treasury secretary timothy geithner says the white house will not give in. >> no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans. remember it's only 2%. >> geithner adds the obama administration is, quote, absolutely prepared to go off the cliff, if necessary. joining me now is van jones, cnn contributor and former obama administration official. good morning. >> god morning to you. >> so, van, i guess my first question that's eatsy for geithner to say, we're perfectly willing to go off the fiscal cliff. that means a tax hike on middle class americans and maybe some of them are thinking this morning i'm not really so happy geithner said that. >> it might have been inartful for him to say it the way he said it. i think he is making a very important point, which is that the american people did vote. they voted for the one thing the president said very clearly, which is that tax rates would go up on the wealthiest. it's an
CNN
Dec 2, 2012 1:00pm PST
on the fiscal cliff. and stopping automatic spending cuts and instant tax hikes from hitting every american. negotiations between the who is and congress has stalled, john boehner calling it a stalemate. there are 30 days to go. charles, draw me a picture, how does this end? is staking out their positions, and really coming and enjoying the ring around the area where they are lease protecting where they want to advance, so the presidents and the democrats are basically outlining the increased revenue side of the spectrum. and the republicans are looking at it and saying come to the table and tell us what you're going to do in terms of cutting entitlements and spending. so both of them are now at this phase where it looks like they're at lagger heads. i happen to believe that we don't know what's happening behind the scenes. some of this can just be political posturing, we don't know the discussions that are being had in private and no one wants to be the person who blinks first. the president and democrats say we won, why should we blink first. and boehner is trying to protect his job. he h
CNN
Nov 29, 2012 6:00am PST
that the president has had with speaker boehner with regards to the fiscal cliff. this call, according to a source familiar with it, told me it lasted for 28 minutes. this official saying it was hardly short or curt, as had been reported by some news outlets. and my colleague, jessica yellen, heard from another source that said that the president told speaker boehner that he felt that rates had to go up on wealthy americans and that there would be no deal without that. so clearly, there is still some distance between the two sides here. the president believing that wealthy americans need to pay more. those bush era tax cuts should not extend for them. republicans believing that all americans should benefit from those tax cuts, and that now you should put en titlements on the table. of as we see, the officials from the white house going up to capitol hill today, treasury secretary timothy geithner, to try to hammer out some deals. still, both sides far apart. >> well, i want to talk about that a little bit. there was an article on politico.com this morning that said the two sides are farther along
CNN
Dec 2, 2012 3:00pm PST
. the fiscal cliff stalemate or n not, we don't know if they can come to an agreement at all. >> john boehner said we are at a stalemate, is that how you would describe things? >> i think we are far apart but we are moving closer together. >> the leading republican predicts doom and gloom. >> i think we are going over the cliff. it is pretty clear to me they have made a political calculation. >> coming up, a conservative host says the whole fiscal cliff is bogus and we should go ahead and let the country fall over that cliff. >>> the kansas city chiefs won their second game of the season today. it was a game that the coaches and owners decided to play even though the team was rocked by the news that one of their own committed suicide shortly after allegedly killing his girlfriend. >> it was very emotional, but you saw brothers stick together, coaches stick together and everybody stayed strong. this is a great team win. >> reporter: do you think the tragedy had something to do with your team playing better today? >> honestly, if we can erase yesterday, that would be a great blessing, but i thi
CNN
Dec 3, 2012 4:00am PST
'll learn a lot. >>> another money issue is the fiscal cliff. in something like, what, 29 days now we're going to hit the fiscal cliff. spending cuts, tax hikes. until lawmakers can reach a deal. house speaker john boehner pr pretty blunt on on where he felt the cliff negotiations were standing. listen. >> i would say we're nowhere. period. we're nowhere. we've put a serious offer on the table by putting revenues up there to try to get this question resolved. but the white house has responded with virtually nothing. >> the nothing he's talking about is the president's plan which was delivered to gop leaders last week by the treasury secretary, timothy geithner. ca calls for $1.6 trillion in new revenue. republicans say that figure is unacceptable. until they present their own plan the white house is standing by that proposal right now. despite the parties and lines in the sand we're joined by two republican law make rs. i've overwhelmed by republican lawmakers this morning. >> you're surrounded, soledad. >> connie mack is with us this morning and mary bono mack. i'm used to it on this
CNN
Nov 30, 2012 5:00pm PST
this brinksmanship about the budget and the fiscal cliff is all just fine. i don't want to go over the cliff. i think it would be irresponsible. >> does the president want to go over? we got to listen to all the republicans and the conservative media today are saying president obama wants to go over the fiscal cliff, because then taxes go up across the board. and then it's got to be done retroactively. >> which is not what the president wants but there's a big difference between this fiscal cliff and the full faith and credit of the united states. the american government has never defaulted on its debt. and now there are some, not the majority of republicans but some on the extreme of the republican party and they seem to be in control, who seem to want to default on our debt. that's crazy. if they cannot be entrusted with the full faith and credit of the united states, they should not have that leverage. >> paul, where were the overtures though? where were the overtures with this deal that was presented? i mean, listen, you don't have to be mensa to know delivering a deal like that was going to make
CNN
Dec 1, 2012 3:00pm PST
the fiscal cliff is serious business. i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> house democratic leader nancy pelosi quickly dismissed boehner's remarks as a negotiating maneuver. >> i think they'll come around. it's a tactic. it's a tactic. >> reporter: you hear a strikingly similar message from other top democratic leaders saying the ball is in the republican's court. >> we are waiting for some specifics somewhere from our republican colleagues to show that they're serious on negotiations. >> reporter: as the country fast approaches the fiscal cliff, the two sides are talking past each other. democrats say they've laid down their marker, hiking tax rates on wealthier americans. and it's up to republicans to propose specific spending cuts they want to entitlement programs. however, republicans say they've offered a concession, putting revenue on the table. and they say it's now up to the president and his fellow democrats to feel some pain and proposed cuts in medicare and medicaid. confusing? we asked harry reid. >> where is
CNN
Nov 30, 2012 2:00am PST
stories. fiscal cliff talks getting ugly. the president is trying to sell his plan. republicans are furious. house speaker john boehner telling reporters the president needs to get serious. >>> former president, george h.w. bush is in stable condition this morning in a houston hospital. he was admitted a week ago and being treated for bronchitis. he's expected to be released in the next few days. he is 88 years old. >>> scientists report the mile thick ice sheets that cover greenland and antarctica are melting. we have lost tons of ice in the last 20 years raising the sea level by 7/16 inch. >>> thursday night football action. falcons in atlanta. they got off to a 17-0 lead before the saints scored a single point. atlanta defense had a good night. five interceptions. falcons go on to win it. they are now 11-1 on the year. atlanta could clench the nfc south if they lose to denver on sunday. >> all right. she's bruised, but not broken. coming up, inside lady liberty for a look at the damage left behind by sandy to see what needs to be done to get this american icon back up and run
CNN
Dec 5, 2012 8:00am PST
. they are all in each other's corners speaking amongst each other but all eyes are on the fiscal cliff. let's scoot over to the president. easy merging from that meeting with the washington business leaders. let's see what he has to say. >> jim, thanks for your leadership. you know, originally my team had prepared some remarks, they always get nervous when i'm out there on my own, never know what i might say. but given the dialogue that we had the last time, i thought it was useful for me to abbreviate my remarks, speak off the cuff at the top and then most of the time just having a conversation. let me begin by saying all of you in this room are not just business leaders, not just ceos of your companies but you're also economic leaders and thought leaders in this country and i recognize that all of you have an enormous investment not only in your own companies but in the well-being of america. there are a lot of patriots in this room and people who care deeply about not only your bottom lines but also the future of this country. you've shown that over the last four years. we've gone throug
CNN
Dec 3, 2012 5:00pm PST
offer a counter proposal on the fiscal cliff. their plan, $2.2 trillion deficit savings over the next decade, but it does not include higher tax rates for the wealthy. the house speaker john boehner calls it a credible plan that deserves serious consideration by the white house. guess what? the white house released a statement tonight saying the plan is nothing new, that it lowers rates for the wealthy and sticks the middle class with the bill. so to borrow a phrase, we're nowhere. period. david walker is president and ceo of comeback america initiative. he's made it his mission to promote fiscal responsibility. he joins us along with cnn political analyst, david gergen. the house republicans put forward their counter proposal. speaker boehner says it's credible and the white house should consider it. is it credible or is it more of what you have called the irresponsible unethical immoral behavior of all the politicians here in washington? >> i think both sides are now putting things on the table but i think they're confused. what we have to do in the short term is avoid the fiscal cl
CNN
Dec 4, 2012 4:00am PST
house, we will go over the fiscal cliff. this is a compromise on taxes. >> now as soon as speaker boehner's counter offer came out, the white house communications director responded, saying this is nothing new, saying it lacks specifics. i will tell you sort of behind the scenes there was a democratic leadership aid that told cnn that actually, soledad -- this may surprise you -- that the offer passed the laugh test. it does have some of the things that were in the grand bargain, that failed grand bargain worked out between -- where president obama and speaker boehner tried to work out last year. and also -- while certainly both sides are saying that specifics are lacking, there is certainly, i think, a feeling from some democrats that maybe it could have been worse. maybe they were expecting something that in their estimation might have been even more towards what republicans would want. >> brianna keilar, thank you. i guess we're supposed to be encouraged that everybody wasn't just giggling over the proposals. rks said they laughed at the white house proposal. >>> let's get to s
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